The Facebook-owned company has been under pressure for months now to put in place a mechanism to curb fake messages on its platform.
India's second largest IT firm Infosys has extended the tenure of its chief Vishal Sikka by nearly two years till March 2021, saying his initiatives have helped the company move towards reclaiming its industry leadership position.
Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $1,962-2,001 million in the September quarter.
The mid-cap index fell while small-cap advanced.
IT firm iGate Patni on Monday said it has bagged a contract worth $30 million (nearly Rs 133 crore) from US-based Weyerhaeuser NR to provide and manage IT infrastructure service operations.
The F-Type is geared to take on the likes of the Porsche Boxster, and also some of the smaller sports cars like the BMW M-3 and the AUDI S4
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
TCS is setting up a large BPO operation in Varanasi next year, some staff could be absorbed there
Indian firms, which experts say stand to gain from the European Union's upcoming General Data Protection Regulation (GDPR), are struggling to understand the policies.
Chandra Shekhar Ghosh started the micro-lending unit Bandhan in 2001 with only two employees in Howrah.
China has about 200 million XP users, 70 per cent of the entire PC market.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
Expert staff in the line of fire in the tech sector. Analysts attribute these job losses to a slowdown in growth, automation of lower-end work.
IT firm Mindtree on Friday said its co-founder and executive chairman Ashok Soota has resigned from the post in order to take on a new business venture.
Over $100 bn in revenue but sector battles evolutionary challenges.
Most large companies have curbed their hiring plans in 2018-19 because they continue to invest in digital technologies.
Efficiency gains from technology will be the key weapon for IT firms in FY15.
Patni Computer Systems said that the US-based IT firm iGate has made an open offer for the 20.6 per cent stake in the company, in accordance with the requirements of the market regulator Securities and Exchange Board of India (SEBI).
Earlier, Modi met Jinping seperately and the two leaders concurred there had been a perceptible improvement in bilateral relations.
Lehman Brothers' bankruptcy filing may well prove to be the last straw for Indian IT firms, which were expecting the second half of FY09 to be better. As a result of the United States' financial market crisis, analysts do not expect Indian IT firms to sign any significant contracts in the banking, financial services and insurance space in the months to come.
Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.
Investigative website Cobrapost on Friday alleged that IT companies are misusing social media platforms like Facebook, YouTube and Twitter to artificially boost politicians popularity and malign their rivals, with many firms claiming to be working for BJP and Narendra Modi.
Seven students were made international offers.
TCS is hiring from over a hundred engineering campuses, MBA graduates from top B-schools in the US
The US dollar jumped in overseas market on Wednesday.
Corporate honchos from real estate sector to manufacturing to textile say the Budget does not have enough to help their sectors
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'The industry growth in 2016< came from the new digital technology segment which grew at over 20%.' 'The challenge for the industry is that the legacy business makes up almost 80% of revenue.' 'Hence the urgency to transform into digital business.'
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
The killer provisions are in particular related to the much-sought after H-1B and L-1 visas.
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
In spite of that the founders never voted against any resolution, those who differed abstained.
This year, campuses placed most number of students in the first phase compared to past few years.
The city has the highest vehicle density in the country
The issue arose after TCS dismissed hundreds of employees in January 2015, leading to the formation of the IT Employees Wing supported by the NDLF.
At times of slow growth, India has seen number of graduates doubling since 2008 to almost 25 million in 2016
Instead the Chinese IT firms focussed more on the local markets where they are well entrenched.
nternally, Wipro has been pushing for 'automation'. However, when it comes to profitability, the Bengaluru-based company has a long way to go. Wipro chief executive officer Abidali Neemuchwala says while the benefits are going mostly to clients, they would start reflecting in the company's bottom line.
S Swathi, employed with software giant Infosys, was found dead with cut injuries on her face and neck around 6.30 am on a platform in Nungambakkam railway station, police said.
Recruiting agencies both national and international are looking at your social media profiles to find out if you are fit to be hired. What are they looking for and what must you do to make the most of the opportunity?
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